Category: Enterprise
-
Tempus rises 9% on the first day of trading, demonstrating investor appetite for a health tech with a promise of AI
Tempus, a genomic testing and data analysis company started by Eric Lefkofsky, who previously founded Groupon, debuted on Nasdaq on Friday, rising about 15% on the opening. The company priced its IPO on Thursday at $37 apiece, at the top of its $35 to $37 price range, raising nearly $411 million at a fully diluted…
-
Albedo takes Earth observation up close and personal from very low Earth orbit
Satellite imagery startup Albedo is preparing for its up-close-and-personal debut. Albedo’s first satellite will take to orbit next spring as the company looks to turn the commercial Earth observation industry upside down with its novel approach and ultra-high-resolution cameras. The satellite, called Clarity, will hitch a ride to very low Earth orbit (VLEO) on SpaceX’s…
-
Enveda raises $55M to combine ancient remedies with AI for drug discovery
For centuries, people chewed willow tree bark to relieve pain, but scientists at chemical firm Bayer didn’t isolate its active ingredient until the 1800s and eventually patented its modified version as Aspirin. Aspirin is just one example of a medicine derived from natural sources. In fact, the World Health Organization estimates that around 40% of…
-
Brave integrates its own search results with its Leo AI assistant
Privacy-focused search engine and web browser company Brave Software is integrating search results into its Leo chatbot. Search results are based on the Brave Search API and Leo is integrated into the company’s browser. The company said that this integration will help users find more up-to-date information. People can use this integration to fetch information…
-
Tesla and its fans waged an unprecedented battle over Elon Musk’s $56B pay package
It’s all part of an effort to say that, this time, when the shareholders vote to approve his monster $56 billion compensation package, they were fully informed. © 2024 TechCrunch. All rights reserved. For personal use only. The Tesla fans posted. And over the last few months, Elon Musk engaged. Every time he did,…
-
Apple’s Spotlight Search gets better at natural language queries in iOS 18
With the Core Spotlight framework, developers can donate content they want to make searchable via Spotlight. © 2024 TechCrunch. All rights reserved. For personal use only. Even as Apple embraces AI in iOS 18, it’s working to improve users’ ability to get answers in a more traditional way: through its Spotlight Search feature. Accessed…
-
Tesla shareholders sue Musk for starting competing AI company
Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla to the new startup. The lawsuit is one of the most direct challenges to Musk’s decision to start…
-
Here’s everything Apple announced at the WWDC 2024 keynote, including Apple Intelligence, Siri makeover
The TechCrunch team runs down all of the biggest news from the Apple WWDC 2024 keynote in an easy-to-skim digest. © 2024 TechCrunch. All rights reserved. For personal use only. It’s WWDC 2024 keynote time! Each year Apple kicks off its Worldwide Developers Conference with a few hours of just straight announcements, like the…
-
Spotify announces an in-house creative agency, tests generative AI voiceover ads
Spotify announced on Thursday that it’s venturing further into the ad space with its first in-house creative agency called Creative Lab, helping brands create custom marketing campaigns. It will also begin testing generative AI ads, the company said. The launch of Creative Lab shows that Spotify is ramping up its efforts to attract advertisers to…
-
What StepStone’s $3.3B venture secondaries fund tells us about LPs’ current appetite for venture
StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week. This fundraise doesn’t just say a lot about StepStone’s venture secondaries investing prowess, but also about how LPs are thinking about the current venture market. The fund, StepStone VC Secondaries Fund VI, raised $3.3 billion. This marks a…